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Topic: Operations management principals and procedures 

Business Education

 Standard 42.  Understands operations management principles and procedures
  Level IV (Grade 9-12)
   Benchmark 1.Knows the elements of a production schedule
    Knowledge/skill statements
     1.Knows production schedule elements
   Benchmark 2.Knows domestic and international sources of raw materials and parts
    Knowledge/skill statements
     1.Knows domestic sources of raw materials
     2.Knows domestic sources of raw parts
     3.Knows international sources of raw materials
     4.Knows international sources of raw parts
   Benchmark 3.Knows advantages and disadvantages of producing parts internally and procuring parts from external sources
    Knowledge/skill statements
     1.Knows advantages of producing parts internally
     2.Knows advantages of procuring parts from external sources
     3.Knows disadvantages of producing parts internally
     4.Knows disadvantages of procuring parts from external sources
   Benchmark 4.Knows methods of inventory control (e.g., Just-In-Time (JIT); Gantt Charts, electronic eyes or scanners)
    Knowledge/skill statements
     1.Knows methods of inventory control
     2.Knows Just-In-Time (JIT) is used for inventory control
     3.Knows Gantt Charts is used for inventory control
     4.Knows electronic eyes are used for inventory control
     5.Knows electronic scanners are used for inventory control
   Benchmark 5.Knows types of inventory (e.g., perpetual, physical)
    Knowledge/skill statements
     1.Knows types of inventory
     2.Knows perpetual inventory
     3.Knows physical inventory